InvestorQ : Is the interest earned on EPF balance post retirement taxable?
Gauravi Patel made post

Is the interest earned on EPF balance post retirement taxable?

Answer
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nishi Shah answered.
1 year ago


All salaried individuals contribute at least 12% of their salary to their Employees’ Provident Fund (EPF) account and the employers match this contribution.

Interest accrued on one’s EPF contribution is tax free only after five years. So, if one keeps his/her EPF investment intact till retirement, then the amount the individual will get on retirement is completely exempt from tax.

However, if one delays withdrawing his/her EPF corpus, then the interest earned on the EPF balance post retirement will be taxed.